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The company appointed a 25-year industry veteran to the newly-created role.
Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
The company appointed a new President for its North Division, effective Jan.1, as the current president transitions to Executive VP and CCO.
The new Americas leader is a 28-year Rockwell veteran.
U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.
The hardlines wholesaler pledged to support True Value retailers and cited hundreds of them who converted to Orgill in the past several years.
The company promoted a former Advance Electrical Supply owner to drive the company's growth strategy through strategic acquisitions.
Germany-based Ferdinand Gross Group is a distributor of fastening technology, with additional operations in Hungary and Poland.
The PVF distributor plans to repurchase its preferred stock for around $361 million, and shared its preliminary 3Q24 financial results.
The company aims to enhance customer service and create new opportunities for its associates with the consolidation.
